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Is Your Company’s Skill Development Programme Future Fit?

For lots of companies right now, budgets are being agreed and one line in the P & L that can always create an argument is the Training and Skill Development Programme line.

There is a great quote that floats about on Linked In. It says:

“What if we train our people and they leave?…What if we don’t and they stay?”

Training budgets are easily cut and yet if we have untrained people in our business they impact productivity for all sorts of reasons, least of all that they are inefficient and make mistakes. So why does it remain an optional extra rather than an essential component?

In my experience the problem is not usually the training it is the implementing of it afterwards. The responsibility for implementing new ideas and better ways of working lies with everyone not just the trainee. The line manager should be pre-briefing and debriefing the training to ensure that the trainee knows what they should get from it and what support they will receive after it. The line manager needs to know that the trainee at least turned up at the training and at best that the trainers cut the mustard.

In reality training should sit up with there with the strategy and there should be someone very senior holding responsibility for training. If your strategic plan is going to move you forwards then there is a high likelihood that your people will need new or improved skills to deliver it. (I still meet people who don’t think they need to learn anything new…)

Ideally the skills development programme should look something like this;

1. Define the skills you want to deliver your short and long term plans and how you are going to get them.
2. Manage your skills development portfolio.
3. Design world class learning interventions.
4. Execute flawlessly.
5. Set skills development objectives.
6. Measure success.

It sounds grand but it is just common sense – the trickiest sounding one here is ‘Design world class learning interventions’. Sounds great but you may not have world class budgets. It is about doing what you really need to do in the right way to have maximum impact.

If you want help to design your skills development programmes, give us a shout.

Tell us a bit more about your project and in the next step, we can work out what your claim is worth.

Type of Project *

Currency of Contract *

Location of Project *

Original Contract Length *

10 Days

The original contract duration set out within the Contract. The difference between the Contract start date and Contract Completion Date.

Numbers Days Delayed *

10 Days

This is the period between the Completion Date (either within the Contract or adjusted by officially awarded extensions of time) and the current forecast or actual Completion Date.

Total days of Construction

Total Period of Construction: Days

Contract Sum Total *

The value of the Contract Sum within the Contract plus the value of any approved and agreed variations or other additional costs paid.

Thickening of Site Staff and facilities *

An assessment of the additional resources employed by the Contractor on the project, over and above that planned at tender stage.

Liquidated Damages Stated in the Contract *

Liquidated Damages (per day) *

The amount per day stated within the Contract for liquidated damages or if stated per week, the daily equivalent.

WHAT YOUR CLAIM COULD BE WORTH

Below is a break down of the delay costs and the potential liquidated damages liable due to the delay.

Time Related Cost Incurred Per Day *

Total: £

calc field - day rate * thickening

Total:

working out % *

Total:

day*thick sum - project type *

Total:

Your Prolongation Claim Potential Value

YOUR PROLONGATION CLAIM COULD POTENTIALLY BE WORTH £

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YOUR LIABILITY FOR LIQUIDATED DAMAGES IS £

The aim of this calculator is to give you an indication of how much your prolongation claim could be worth. The figures are a guide and not guaranteed. Your claim value will depend on a number of other factors. The calculator should not be regarded as nor replace professional advice. If you believe that you have an entitlement to a prolongation claim, then please contact us for specific advice on how best to pursue your entitlement.